T. Rowe Price(US:TROW) Prnewswire·2026-02-11 15:00Core Insights - T. Rowe Price's annual 401(k) benchmarking report highlights that participants utilizing financial advice, education, or tools have an average account balance that is twice as high as non-users and save at a rate 29% higher than those who do not engage with these resources [1][1][1] Group 1: Participant Behavior - Only 13.8% of participants currently utilize financial advice, education, or tools available through their workplace retirement site [1] - Participants in their 50s and 60s tend to increase their savings rates by an average of 1.4 percentage points annually, surpassing typical automatic increase defaults [1][1] - Less than 2% of participants with below-average retirement savings make catch-up contributions, while 15% of those with above-average savings do [1] Group 2: Plan Design and Features - Plans with automatic enrollment see 99% of participants either maintain or increase their default savings rate, indicating the long-term benefits of effective plan design [1] - Plans that offer emergency expense withdrawals have a participation rate of 76%, compared to 67% in plans without such features [1] - Seventy-eight percent of plans have adopted at least one optional SECURE 2.0 provision, with higher catch-up limits and self-certified hardships being among the most popular [1] Group 3: Roth Contributions - Plans that include a Roth employer contribution experience 30% higher Roth participation rates, 29% higher Roth balances, and 6% higher Roth savings rates compared to those without a Roth match [1] - Younger participants are particularly inclined to utilize Roth options [1] Group 4: Company Overview - T. Rowe Price manages $1.80 trillion in client assets as of January 31, 2026, with approximately two-thirds of these assets being retirement-related [1] - The firm has over 85 years of experience in investment excellence and retirement leadership, focusing on client interests and integrity [1]